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The Labor Supply curve: The Labor Supply curve: Slopes up from left to right because of the substitution effect Slopes up from left to right
The Labor Supply curve: The Labor Supply curve: Slopes up from left to right because of the substitution effect Slopes up from left to right because of the income effect None of the other answers are correct Slopes down from left to right because of both the income and substitution effects
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International Economics
Authors: Robert C. Feenstra, Alan M. Taylor
3rd edition
978-1429278515, 142927851X, 978-1319029517, 1319029515, 978-1429278447
